Companies

Who is Usha Ananthasubramanian? CBI and RBI to investigate sacked Allahabad Bank CEO's role in PNB fraud case

Usha Ananthasubramanian had served as the CEO of Punjab National Bank from August 2015 to May 2017.

Aug 14, 2018

Meet Smitha V Crishna, India's richest woman!

A recent list released by Kotak Wealth-Hurun titled Leading Wealthy Women 2018 has ranked Crishna at the top of the list with an estimated wealth of Rs 37,570 crore. Crishna belongs to the third generation of the famous Godrej clan.

Aug 14, 2018

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

According to Jet Airways, it has been evaluating various funding options to meet its liquidity requirements on priority.

Aug 14, 2018

Saudi Arabian PIF 'reluctant' for Tesla buyout proposal

While Tesla's CEO, Elon Musk is said to have made an offer of $72 million, there are still no takers to make the company private.

Aug 12, 2018

Hefty discounts by e-commerce players likely to attract CCI regulatory probe

The Competition Commission of India while clearing the Walmart-Flipkart deal denounced the heavy discount offered by these companies.

Aug 10, 2018

Walmart-Flipkart deal to fetch Narendra Modi-led govt Rs 13,000 crore in tax?

Walmart executives had a meeting with senior income tax officials and assured them that the company will comply with all the rules and regulations.

Aug 10, 2018

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Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

Over 17,000 jobs at risk as UK's retail giant House of Fraser goes into administration

The fate of 169-year-old House of Fraser, which employs 17,500 people, was sealed when C.banner, a Chinese company, pulled out of a deal to pump in money in the business. Here are four things that went wrong for the retail giant.

Aug 10, 2018

Continental to create 2,000 jobs as India's automobile industry hits the fast lane

The Indian automobile industry is currently the fourth largest in the world with sales increasing 9.5 percent year-on-year. The market trends indicate the upbeat will continue for the next couple of years.

Aug 10, 2018

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Naresh Goyal, the chairman and founder, spoke to the company's shareholders during the annual general meeting and said that he was unhappy as a lot of shareholders had lost their money amid Jet Airways' financial issues.

Aug 10, 2018

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Jet Airways is reportedly mulling handing out pink slips to about 500 of its ground personnel. Not just that, the airline may also reportedly reorganise and trim the cabin crew on its Boeing and Airbus fleet and terminate the contract of its senior crew members.

Aug 9, 2018

Privacy alert: Why is Facebook seeking bank details of customers from major US banks?

Facebook might have clarified it has no intention of using the personal bank data for anything apart from offering a smooth banking experience via Messenger, but news of the company seeking personal bank details of users is bound to raise concerns, especially after the Cambridge Analytica scandal.

Aug 7, 2018

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Companies

Who is Usha Ananthasubramanian? CBI and RBI to investigate sacked Allahabad Bank CEO's role in PNB fraud case

Meet Smitha V Crishna, India's richest woman!

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

Saudi Arabian PIF 'reluctant' for Tesla buyout proposal

Hefty discounts by e-commerce players likely to attract CCI regulatory probe

Walmart-Flipkart deal to fetch Narendra Modi-led govt Rs 13,000 crore in tax?

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Over 17,000 jobs at risk as UK's retail giant House of Fraser goes into administration

Continental to create 2,000 jobs as India's automobile industry hits the fast lane

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Privacy alert: Why is Facebook seeking bank details of customers from major US banks?

ICICI Bank wrote down massive bad loans but didn't tell investors - Report

Viagra: Pfizer set to lose patent-protected monopoly in US; 7 Indian firms readying clones

Bumper opening for HDFC AMC on stock exchange; Prices surge 65 percent on debut

Seven ITBP jawans killed, 34 injured in accident near Chandanwari; President, J&K LG mourn loss [details]

Selective killings go unabated in J&K; another Kashmiri Pandit killed by terrorists [details]

Despite Cease Request, Chinese Spy Ship Hits Sri Lankan Port; What Does This Mean for India?